Panera Bread Co (PNRA) Enters Overbought Territory

Panera Bread Co (PNRA) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because PNRA is now in overbought territory with an RSI value of 77.1. Furthermore, Panera Bread Co currently has a Zacks Rank #4 (Sell), suggesting that investors may want to consider exiting this stock now before it falls back to Earth.